ALPHA TRIBE

Inspirisys Solutions LimitedResults, 07-02-2025: Integrated Filing- Financial

07-02-2025 | 05:54 pm

Inspirisys Solutions has announced a board meeting to discuss its financial results for the quarter and year-to-date period ending December 31, 2024. The company reported revenue from operations of ₹7,951 crore, with a profit before tax of ₹242 crore for the quarter. However, concerns arise from trade receivables of ₹4,089 crore due from its subsidiary, Inspirisys Solutions North America, which are significantly overdue. The management remains optimistic about recovering these amounts and has not recognized any loss allowances. This situation presents potential risks regarding cash flow recovery but may not significantly impact overall investor sentiment in the long run, given the company's performance improvements.

No comments yet. Be the first to comment!

All announcements from Inspirisys Solutions Limited